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Monday, August 8, 2016

360 Degrees is the name of this 304-Unit Class A apartment community in Centennial, CO

Travis Anderson

CHARLOTTE, NC –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has arranged $45 million in permanent
financing for 360º, a 304-unit,
newly-built Class A apartment community in the southeast Denver suburb of
Centennial, Colorado.

HFF worked exclusively on
behalf of an institutional investor to secure the seven-year, 2.98 percent
fixed-rate loan through a life company lender.

360º consists of two four-
and five-story, wrap-style apartment buildings and a five-story, 439-space parking
garage.

Situated on 3.9 acres at
7700 East Peakview Avenue, the property is just west of Interstate 25 in the
heart of one of Denver’s primary office markets offering access to more than 33
million square feet of office space in the Denver Tech Center and Greenwood
Plaza employment hubs.

In addition, the
transit-oriented property is less than a mile from the Arapahoe at Village
Center light rail station and accessible to numerous retail centers within a
three-mile radius.